Economics Teachers, Postsecondary Salary
In New York-Newark-Jersey City, NY-NJ, economics teachers, postsecondaries earn $132,140 at the median. The range runs from $64K at the entry level to $271K for experienced workers. Prices run high here (RPP 112.56), so that salary is closer to $117,395 in real purchasing power. A 2-bedroom apartment runs $2,910/month, about 37.3% of take-home, which is tight.
So what does $132K get you in New York-Newark-Jersey City?
Groceries, utilities, transportation, and healthcare scaled from national averages by New York-Newark-Jersey City’s Regional Price Parity (112.56). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About economics teachers, postsecondaries
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What this looks like in New York-Newark-Jersey City
Economics teachers, postsecondary pay in New York-Newark-Jersey City tracks closely to the national median, $132K locally vs. $124K nationwide, a 7% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $2,910/month, which is 37.1% of the median worker's take-home, past the 30% guideline most planners use. Cost-of-living overall is 13% above the national average (BEA RPP 112.56), so groceries and services cost more too. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for economics teachers, postsecondaries in metros near New York-Newark-Jersey City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Syracuse | $124K | $129K |
| Albany-Schenectady-Troy | $125K | $126K |
| Rochester | $122K | $125K |
| Bridgeport-Stamford-Danbury | $136K | $127K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, New York-Newark-Jersey City, NY-NJ
Entry-level economics teachers, postsecondaries (10th percentile) start around $64K. Mid-career wages sit at $132K. Top earners bring in $271K or more, a $207K spread from bottom to top.
Economics Teachers, Postsecondary pay across states
Median income ranked highest to lowest, compared to the national figure
View Economics Teachers, Postsecondary salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Hampshire | $202K | +63% | 80 |
| Massachusetts | $164K | +33% | 750 |
| District of Columbia | $162K | +31% | 220 |
| Connecticut | $156K | +26% | 300 |
| California | $137K | +11% | 770 |
| Arizona | $137K | +11% | 100 |
| Oregon | $136K | +10% | 180 |
| Vermont | $135K | +9% | 80 |
| Maryland | $134K | +8% | 200 |
| Louisiana | $133K | +7% | 70 |
| Nebraska | $131K | +6% | 90 |
| Michigan | $129K | +4% | 350 |
| Virginia | $129K | +4% | 460 |
| Utah | $128K | +4% | 150 |
| New York | $128K | +3% | 1,240 |
| Maine | $126K | +2% | 70 |
| Illinois | $125K | +1% | 460 |
| Texas | $119K | -4% | 770 |
| Pennsylvania | $118K | -5% | 610 |
| Georgia | $118K | -5% | 370 |
| Missouri | $117K | -6% | 150 |
| North Carolina | $114K | -8% | 490 |
| New Mexico | $110K | -11% | 60 |
| New Jersey | $110K | -11% | 410 |
| South Carolina | $109K | -12% | 110 |
| Minnesota | $108K | -12% | 250 |
| Oklahoma | $107K | -13% | 110 |
| Kentucky | $106K | -14% | 120 |
| Ohio | $106K | -15% | 410 |
| Indiana | $105K | -15% | 150 |
| Tennessee | $105K | -16% | 250 |
| Kansas | $103K | -16% | 130 |
| Alabama | $101K | -18% | 90 |
| Wisconsin | $100K | -19% | 310 |
| Colorado | $99K | -20% | 270 |
| Washington | $97K | -22% | 190 |
| West Virginia | $91K | -26% | 40 |
| Florida | $91K | -26% | 150 |
| Mississippi | $88K | -29% | 70 |
| South Dakota | $86K | -31% | 40 |
| Iowa | $85K | -31% | 80 |
| Arkansas | $77K | -38% | 40 |
Showing 1–10 of 42 states with published data
BLS does not publish data for every state when sample sizes are too small
Track economics teachers, postsecondary salary changes
BLS updates this data quarterly. We'll email you when New York-Newark-Jersey City numbers change.
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Frequently asked questions
Can a economics teachers, postsecondary afford a 2BR apartment alone in New York-Newark-Jersey City?
It’s a stretch — at the median salary of $132K, rent takes 37.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,910/month. The 30% guideline puts the comfortable ceiling at roughly $2,400/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for economics teachers, postsecondaries in New York-Newark-Jersey City?
The 10th-percentile wage — what new economics teachers, postsecondaries typically earn — is $64K/year. Take-home on that works out to about $3,846/month. At HUD’s $2,910/month FMR, rent would take 76% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is economics teachers, postsecondary a high-paying job in New York-Newark-Jersey City?
Pay here is roughly in line with the national average — $132K locally vs. $124K nationally, a 7% difference.
How does New York-Newark-Jersey City compare to the national average for economics teachers, postsecondaries?
New York-Newark-Jersey City pays $132K median vs. the U.S. average of $124K — that’s +7%. After adjusting for local cost of living (RPP 112.56), the purchasing-power equivalent is $117K — below the national median.
How much do economics teachers, postsecondaries make in New York-Newark-Jersey City, NY-NJ?
The median is $132,140 a year. But the range is wide: entry-level workers start around $64,100, and experienced economics teachers, postsecondaries can clear $270,890. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $132K enough to live in New York-Newark-Jersey City?
On that salary, you'd take home roughly $7,849/month after taxes. A 2-bedroom here rents for about $2,910/month, which eats 37.1% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a economics teachers, postsecondary salary go in New York-Newark-Jersey City?
New York-Newark-Jersey City has a Regional Price Parity of 112.56 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $117,395 in national-average purchasing power.
Where do economics teachers, postsecondaries get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.